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Ditem Explorations Inc.: Brokered Private Placement for $1,000,000

MONTREAL, QUEBEC--(Marketwire - Nov. 20, 2012) - Ditem (TSX VENTURE:DIT) is pleased to announce that it has signed an agreement for a brokered, private placement to raise gross proceeds of up to $1,000,000. The placement is composed of flow-through units (the "Flow-Through Units") for gross proceeds of $750,000 and cash units (the "Cash Units") for gross proceeds of $250,000. The agent is MGI Securities ("MGI") and the financing is subject to regulatory approval.

Each Flow-Through Unit offered at $0.05 shall consist of 1 Flow-Through common share and 1 common share purchase warrant. Each warrant entitles its holder to purchase one additional common share at a price of $0.10 for a period of 24 months from the Closing Date. Each Cash Unit offered at $0.05 will be comprised of 1 common share and 1 common share purchase warrant. Each warrant entitles its holder to purchase 1 additional common share at a price of $0.07 for a period of 12 months from the Closing Date and at a price of $0.10 for the following 12 months. There will be a hold period of 4 months on all securities issued.

MGI shall receive a cash commission equal to 10% of the gross proceeds and shall be granted warrants by the Corporation to acquire that number of Common Shares equal to 10% of the aggregate number of Flow-Through Units and Cash Units sold under the Offering (the "Agent's Warrants"), exercisable at a price of $0.10 per Agent's Warrant for a period of 24 months from the Closing Date.

This Financing will be sold on a private placement basis pursuant to the "accredited investor" exemption under National Instrument 45-106 and certain other available and agreed upon exemptions. The selling jurisdictions for the Offering will be the provinces of British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Québec, and such other provinces of Canada or other jurisdictions as agreed upon.

Ditem intends to use the proceeds of the Flow Through Units for exploration work on Ditem properties, namely the properties in the Detour Gold Trend, the Bruell gold property near Val-d'Or and on the Lalande rare earth property near La Romaine. Cash Units will be used for acquisitions and general administrative purposes.

Ditem is an exploration and development company with properties in Quebec situated in the Detour Gold Trend, the Bruell property in the Val-d'Or area, and the Lalande property on the North Shore near La Romaine and in the Otish Basin and, in Saskatchewan, in the Athabasca Basin. Properties and general information may be viewed on the Company's website at www.ditem.com.

Winter has officially come for the 2018 Olympics in PyeongChang, and it is epic. Germany’s figure skater Paul Fentz came blazing onto the ice suited up for battle as thunderous music from Game of Thrones played, thrilling the internet to no end.

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One of the overarching questions about Russia’s online campaign to destabilize the US election is just how effective those social media efforts really were. Well, according to special counsel Robert Mueller’s indictment (pdf) of 13 Russian citizens and three entities, Russian trolls were persuasive enough to get at least one US citizen to stand up and wish their boss a very special happy birthday. The indictment says they used a social media account to arrange “for a real US person to stand in front of the White House…under false pretenses to hold a sign that read ‘Happy 55th Birthday Dear Boss.'” They reportedly told the American that it was for someone who “is a leader here and our boss…our

J.M. Smucker Co. is recalling several shipments of dog food after an independent investigation found traces of pentobarbital, a euthanasia drug, in samples from a range of popular brands. The company announced on Thursday that it would withdraw shipments

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U.S. figure skater Nathan Chen set an Olympic record with six quad jumps in the men’s figure skating long program on Friday. Chen bounced back after a disappointing turn during the short program that left the skater in 17th place in the 2018 Winter

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Starbucks (NASDAQ: SBUX) shares fell a bit after the company reported its first-quarter earnings. In fact, a recent report from BMO Capital Markets found that the average Starbucks location has 3.6 other Starbucks cafes within a one-mile radius. Starbucks plans to do that as it rolls out its premium brand.

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Industrial names generally suffer from deep cyclicality which can affect companies operating in areas ranging from machinery to aerospace to construction. As such, the position a company has relative to the economic cycle drives its level of profitability

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Investors seem to despise pipeline giants Kinder Morgan (NYSE: KMI), Enbridge (NYSE: ENB), and Plains All American Pipeline (NYSE: PAA) these days given that all three are down more than 20% over the past year. Enbridge's stock has lost about 20% of its value over the past year.

Walmart (WMT) is looking to purchase more than 40% of Amazon’s India rival Flipkart, according to Reuters. The deal would give Walmart some much needed muscle in India, where Amazon is already investing $5B into ventures like online grocery delivery. Amazon (AMZN) is partnering up with Bank of America (BAC) for business lending.

Japanese figure skater and Winnie the Pooh enthusiast Yuzuru Hanyu not only won the men’s short program at the 2018 Winter Olympics on Thursday, but thanks to his bromance with Spain’s Javier Fernández, won the Internet’s heart as well. Hanyu and Fernández have been competing against each other for years, but off the ice, their friendship appears to have only grown stronger. “With ‘Yuzu,’ we are everything, we are friends, we are teammates, at some point we have to be rivals,” Fernández told Reuters in 2015.

With earnings season well under way, lots of companies are announcing dividend increases. If you're looking for companies with strong dividend growth, here are three tech stocks to consider.
Intel, Cisco, and Corning all announced double-digit increases

Feb. 16, 2018 at 4:26 PM The investigation by special counsel Robert Mueller into Russian interference in the 2016 election took a significant step forward Friday, with the indictment of 13 Russian nationals and and three Russian organizations along with the announcement of a guilty plea from a California man for identity fraud. The indictment and guilty plea are important because they are the first charges related to Russian attempts to sabotage the election. (The other indictment and pleas in the Mueller investigation have been in relation to other criminal activities.) The election interference is an activity long denounced by the U.S. intelligence community but routinely called into question

On Wednesday after the close, Applied Materials, Inc. (NASDAQ:AMAT) reported earnings. Despite a plethora of good news, AMAT stock actually sold off in early Thursday trading. Fiscal first-quarter earnings per share of $1.06 came in 8 cents per share ahead of expectations.

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Hot off an undefeated season, Nathan Chen was favored to capture gold, but the Winter Olympics rookie’s mistakes at Thursday’s figure skating men’s event shocked fans and sunk him to 17th place. Chen faltered on every jump, costing him points for a shockingly low 82.27. This puts Chen at a severe disadvantage at the bottom of the ranks, so people took to Twitter to say they were heartbroken.